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TXM Triex Minerals Corp Com Npv

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Share Name Share Symbol Market Type
Triex Minerals Corp Com Npv TSXV:TXM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Consolidated Abaddon & Triex Minerals Resume Drilling at Mann Lake Uranium Project, Athabasca, Saskatchewan

08/04/2008 2:00pm

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VANCOUVER, BRITISH COLUMBIA (FRANKFURT: E2L) announces that Triex Minerals Corp. (TSX VENTURE: TXM) has provided an exploration update on Consolidated Abaddon's 40% owned / Triex Minerals 60% owned Joint Venture Mann Lake uranium project. The Mann Lake property is located 25 kilometres southwest of Cameco Corporation's McArthur River uranium mine and 15 km to the NE of Cameco's Millennium (U3O8) discovery in the Athabasca Basin of Northern Saskatchewan. Triex Minerals is the operator.

Athabasca Basin Claims Map: http://www.consolidatedabaddon.com/i/maps/ABN_Athabasca_Map_11X17.jpg

Schedules for drilling at the Mann Lake property have changed several times this winter, but the drill is now turning at Mann Lake. The first two holes of a four hole, 3,200 metre program were completed in December. The hole currently being drilled will test a fixed-loop EM conductor that occurs on the east-west structure that transects the property. Holes MN06-002 and 005 which intersected elevated boron, and clay-altered Athabasca Group sandstone, are located farther to the east along this structure. The final hole will follow-up more closely the clay alteration intersected in hole MN06-002.

2006 Core Pictures: http://www.consolidatedabaddon.com/s/Image.asp?i=maps/ABN-MannCores.gif

About Consolidated Abaddon Resources Inc.:

Consolidated Abaddon Resources Inc. is a Canadian uranium exploration company actively involved with the development of uranium properties in the Athabasca Basin of northern Saskatchewan, Sims Basin of western Labrador, and the Algoma District of northwestern Ontario. The Company is also developing a uranium property east of Moab, Utah.

Property partners include Denison Mines Corp., Triex Minerals Corp., and Utah Uranium Corp.

For further information on Consolidated Abaddon Resources Inc. (TSX VENTURE: ABN), visit our Company's web site at www.consolidatedabaddon.com.

ON BEHALF OF THE BOARD OF DIRECTORS

JAMES G. PETTIT, President

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

The TSX Venture Exchange and Frankfurt Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of the content of this news release.

Contacts: Consolidated Abaddon Resources Inc. James G. Pettit President (604) 687-3376 or Toll Free: 1-800-567-8181 Consolidated Abaddon Resources Inc. Don Myers Director (604) 687-3376 or Toll Free: 1-800-567-8181 (604) 687-3119 (FAX) Email: info@consolidatedabaddon.com Website: www.consolidatedabaddon.com

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